£285,028
This estimated value is based upon the latest sale price for the house of £230,000 on 9 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 9 Jul 2018 |
| £189,950 | 7 Nov 2014 |
| £65,000 | 7 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £230,000 results in an estimated price of approximately £285,028.
| 9 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £230,000 | £55,028 | £285,028 |
The Postcode Pricing Model uses changes in average sales price within the CV2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -24.114 % | £-55,463 | £174,536 |
| 3 Month Average | -0.115 % | £-263 | £229,736 |
| 6 Month Average | 16.302 % | £37,495 | £267,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £274,057 | £270,000 | 25 HEMINGFORD ROAD |
| 29 Sep 2023 | £245,641 | £242,500 | 28 HEMINGFORD ROAD |
| 19 Sep 2023 | £260,329 | £257,000 | 32 SOLENT DRIVE |
| 18 Jul 2023 | £258,479 | £255,000 | 17 BECKFOOT DRIVE |
| 20 Jan 2023 | £228,922 | £230,000 | 34 SOLENT DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Aug 2014. Using an estimated price of £285,029 means this house is valued at £5,278 per sq meter (£490 per sq foot).
The average size of a house on SOLENT DRIVE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Solent Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edingale Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edingale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edingale Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hemingford Road |